Question: 1. what can a principal do when his agent acquires property in the course of his employment as an agent but fails to account for

1. what can a principal do when his agent acquires property in the course of his employment as an agent but fails to account for it to the principal. QUESTION 2. Distinguish between legal consequences of a breach of a warranty on one hand the breach of a condition on the other hand. QUESTION 3. One requirements of law of contract relating to consideration is that consideration must have value in the eyes of the law how can one determine the value of consideration

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

Question 26(1 point) Listen ReadSpeaker webReader: Listen What is a standard form contract? Question 26 options: An agreement where the parties to the agreement negotiate the timing of delivery of...

Chapter 38 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Last Lecture - In the last lecture, we covered selected materials on contract law in Chapter 13 (\"Practical Contracts\"] and Chapter 14 (\"Sales"] We discussed when parties should want their...

Statement I: Instructions contemplate only private rules of guidance to the agent and are independent and distinct from the agent's authority. Statement II: The liability of the agent for either...

Question: A real estate sales agent may be employed by: a) any member of the public. b) their broker. c) Bo... (5 bookmarks) A real estate sales agent may be employed by: a) any member of the public....

Why is agency law especially important in the business and government context? What are the five types of agents? What distinguishes an employee from an independent contractor? Why do employers...

PLEASE USE THE PHOTOS I SEND YOU AND NOT ANYWHERE ELSE ILL LEAVE U A GOOD COMMENT AND A THUMBS UP. THE FIRST THREE PHOTOS ARE FOR NUMBER 1 AND THE REST ARE FOR NUMBER 2 FOR NUMBER 1 THE QUESTIONS ARE...

Court of Appeals of Oregon.Alfred P. VIADO and Pamela Viado, Plaintiffs-Appellants, v. DOMINO'S PIZZA, LLC, a Michigan limited liability corporation, Defendant-Respondent, Zzeeks Pizza & Wingz, Inc.,...

ts, v. DOMINO'S PIZZA, LLC, a Michigan limited liability corporation, Defendant-Respondent, Zzeeks Pizza & Wingz, Inc., an Oregon corporation, dba Domino's Pizza No. 7231; Scott L. Mathias; Does I-X,...

Chapter 1. Sample Assignment Instructions Find a sample document or article online related to a main topic in the chapter. In the Discussion Section, respond to two classmates and post the title &...

Alexis purchased Blue Corporation stock for $15,000 in 20X4. Alexis sells the stock to her sister, Veronica, for $2,000 in 20X7. In 20X9, Veronica sells the bonds for $7,000 to a non-relative. What...

How does a banks asset size affect its financial ratios?

An individual taxpayer holds shares of stock as investment which he bought from a publicly listed company for P500,000 (P500,000 par value). The shares are listed and traded in the local stock...

Suppose that the Treasury bill rate is 9% rather than 6%, as we assumed in Table 12.1, and the expected return on the market is 11%. Use the betas in that table to answer the following questions. a....

In this module you will be required to record: (1) payment of a short-term note, (2) write of a bad debt using the direct write-off method, (3) collection of a short-term note receivable, (4) sale of...

Mr. John Manville owed Mr. Paul Glennon $10,000. John transferred his car worth $10,000. to satisfy the debt. Two months later John filed bankruptcy as an individual under Chapter 7. His total...

You have recently been hired as the Controller for a large publicly-traded company that has experienced significant operating losses for the past few years, which has caused a sharp decline in the...

Each edge is annotated with the current flow (initially zero) and the edges capacity. In general, a flow of x along an edge with capacity y is shown as x/y. We will look at how the Ford-Fulkerson...

Among a group of 5 8 programmers, who know either Java or Python or both, 1 5 only know Java and 1 3 only know Python. What is the probability of randomly choosing a programmer who knows both...

10. How much time does it take between when we collect information until it is used in decision-making?

2. Ask questions, listen rather than attempt to persuade.

9. How much of the information collected will be used in decision-making?